Quote:
Originally Posted by Slava
To be honest if I’m Tesla I’m spending my shares to buy a car company (if it’s possible), and I’m not convinced that’s a dumb idea. The shares are wildly overvalued, and if you can spend those as a currency to buy a legitimate business, that’s brilliant. Someone is going to do something questionable here though, and it’s fascinating to sit and watch it play out.
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The risk in that is people start to value you like a car company instead of a tech company and look at earnings rather than future growth.
When you buy a car company you are buying a brand name and a supply chain. Would those things have value for Tesla that they can leverage